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finder.com's rating: 4.5 / 5
★★★★★
18 to 60
Issue Age
$100,000 to $20,000,000
Coverage
Not required for policies under $500,000
Medical Exam Required
Policies | Term, Whole, Final expense, Guaranteed issue |
---|---|
Coverage maximum | $20,000,000 |
Term lengths | 10, 15, 20, 25, 30 years |
Medical exam required | Not required for policies under $500,000 |
Available states | Not available in New York and Montana. |
Issue age | 18 - 60 years old |
Riders |
No info available |
---|
Review by
Katia Iervasi is a staff writer who hails from Australia and now calls New York home. Her writing and analysis has been featured on sites like Forbes, Best Company and Financial Advisor around the world. Armed with a BA in Communication and a journalistic eye for detail, she navigates insurance and finance topics for Finder, so you can splash your cash smartly (and be a pro when the subject pops up at dinner parties).
If you’re looking for no-nonsense term or whole life plans, consider SBLI. The insurer offers competitive rates and accelerated underwriting for some applicants who want to skip the medical exam. But if you’re in less-than-perfect health, you might be able to find better life insurance rates elsewhere.
We pulled 2021 rates for SBLI life for a $500,000, 20-year term policy for a healthy man and woman. Rates are less than average for men up until 45 years old for a policy of this size and term length, and up until 55 for women.
Age | Man | Woman |
---|---|---|
20 | $19.53 | $16.32 |
25 | $19.55 | $16.32 |
30 | $20.08 | $17.40 |
35 | $23.89 | $19.26 |
40 | $33.90 | $26.98 |
45 | $59.69 | $42.80 |
50 | $95.32 | $64.13 |
55 | $171.62 | $101.94 |
You can get a quote or apply for term life insurance online.
SBLI has a tight lineup of term, whole and no-exam policies.
Like most insurers, SBLI allows policyholders to personalize their coverage with riders. You might be eligible to add these extras to your policy:
SBLI is accredited with the Better Business Bureau (BBB), and has an A+ rating for its customer engagement. The BBB has only recorded four complaints in the last three years, which is low for an insurance company of that size.
On TrustPilot, SBLI has 4 out of 5 stars, with many customers commenting on the efficient and personalized service. Some complained about billing issues and slower turnaround times.
AM Best financial rating |
A+ |
BBB accredited | Yes |
BBB rating | A+ 3.89/5 out of 18 customer reviews |
Trustpilot score | 4.2/5 out of 1,047 customer reviews |
Customer reviews verified as of | 26 October 2021 |
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our experts analyze life insurance companies to help you to find the strongest possible policy and premium for your family’s needs. We assess their financial strength, customer satisfaction, policy features and riders. We then give each insurer a score between one and five stars that reflects their offering and reputation in the industry.